Which of the Following Is Not a Benefit of Budgeting

question 4

Multiple Choice

Which of the following is not a benefit of budgeting?

• A)It reduces the need for tracking actual cost activity.
• B)It sets benchmarks for evaluation performance.
• C)It uncovers potential bottlenecks.
• D)It formalizes a manager's planning efforts.

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Definitions:

Supply Chain Sustainability

The management of environmental, social, and economic impacts within the supply chain, focusing on long-term viability and ethics.

Legal Obligations

Responsibilities or duties enforced by law that an entity or individual must follow.

Stakeholders

Individuals or groups with an interest or concern in the success and operations of a business, including employees, customers, investors, and suppliers.

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state or future outcome.